iShares MSCI Thailand ETF (NYSEARCA:THD) Short Interest Update

iShares MSCI Thailand ETF (NYSEARCA:THD) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 77,802 shares, a decline of 65.5% from the June 15th total of 225,314 shares. Based on an average trading volume of 63,997 shares, the short-interest ratio is currently 1.2 days. Approximately 1.6% of the shares of the stock are short sold.

iShares MSCI Thailand ETF Trading Down 0.6%

NYSEARCA THD traded down $0.41 on Wednesday, reaching $72.32. The company’s stock had a trading volume of 44,964 shares, compared to its average volume of 125,263. iShares MSCI Thailand ETF has a 52 week low of $53.21 and a 52 week high of $75.06. The firm has a market cap of $357.98 million, a PE ratio of 13.16 and a beta of 0.44. The business has a 50-day moving average price of $72.19 and a 200 day moving average price of $68.64.

Institutional Investors Weigh In On iShares MSCI Thailand ETF

Large investors have recently modified their holdings of the stock. Hilltop Holdings Inc. bought a new position in shares of iShares MSCI Thailand ETF during the 1st quarter worth approximately $773,000. Sparta 24 Ltd. acquired a new stake in iShares MSCI Thailand ETF in the 1st quarter valued at $839,000. Catalyst Capital Advisors LLC grew its position in iShares MSCI Thailand ETF by 6.2% in the first quarter. Catalyst Capital Advisors LLC now owns 74,927 shares of the company’s stock valued at $5,198,000 after acquiring an additional 4,405 shares during the period. Bank of New York Mellon Corp grew its position in iShares MSCI Thailand ETF by 8.5% in the first quarter. Bank of New York Mellon Corp now owns 40,807 shares of the company’s stock valued at $2,831,000 after acquiring an additional 3,214 shares during the period. Finally, Sigma Planning Corp raised its stake in iShares MSCI Thailand ETF by 14.8% during the first quarter. Sigma Planning Corp now owns 7,159 shares of the company’s stock worth $497,000 after acquiring an additional 923 shares in the last quarter. 67.20% of the stock is currently owned by institutional investors.

About iShares MSCI Thailand ETF

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.